Meghmani Organics Limited

About

Meghmani Organics Limited manufactures and sells pigments and agrochemicals in India and internationally. The company offers green and blue pigments, which are used in printing inks, paints and coatings, and plastics. It also offers agrochemical products comprising insecticides, which include acetamiprid, alphacypermethrin, bifenthrin, beta cyfluthrin, cyfluthrin, cypermethrin, deltamethrin, dinotefuran, ethiprole, fipronil, flonicamid, flubendiamide, lambdacyhalothrin, permethrin, profenofos, pymetrozine, pyriproxyfen, and spiromesifen. In addition, the company provides herbicides, such as 2,4 D acid, amine, esters and triclopyr; intermediates, including cypermethric acid chloride, lambdacyhalothric acid (TFP Acid), pyrazole, high cis/trans CMAC, meta phenoxy benzaldehyde, and spiromesifen acid. Further, it offers technical and formulations that are used in crop protection, veterinary health, household pest control, and public health sectors. Additionally, the company offers anatase and rutile grade titanium dioxide for the use in paints, coatings, plastic, polymers, ink, dyes, paper, and cosmetics. Meghmani Organics Limited was incorporated in 1986 and is based in Ahmedabad, India.

Key Metrics

as of Sep 2026

Market Cap1,698 Cr

P/E26.40

Div Yield0.00 %

Book Value₹60.70

52w High₹87.90

52w Low₹36.40

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	523.00	457.00	485.00	558.00	593.00	502.00	558.00	533.00	411.00	400.00	345.00	374.00	422.00
Expenses	429.00	430.00	433.00	487.00	512.00	438.00	498.00	491.00	397.00	390.00	345.00	359.00	437.00
Operating Profit	94.00	26.00	51.00	70.00	81.00	65.00	60.00	41.00	14.00	10.00	0.00	15.00	-15.00
OPM %	18.00	6.00	11.00	13.00	14.00	13.00	11.00	8.00	3.50	2.50	-0.10	4.00	-3.60
Other Income	12.00	34.00	14.00	28.00	17.00	14.00	10.00	13.00	7.00	14.00	10.00	13.00	7.00
Depreciation	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	21.00	20.00	21.00	20.00	21.00
Interest	9.00	17.00	14.00	19.00	24.00	14.00	6.00	24.00	9.00	2.00	26.00	12.00	4.00
Profit before tax	75.00	22.00	30.00	58.00	52.00	44.00	42.00	8.00	-9.00	2.00	-38.00	-5.00	-34.00
Tax %	23.00	10.00	27.00	25.00	22.00	22.00	28.00	-4.00	-31.00	121.00	-28.00	-20.00	-25.00
Net Profit	58.00	20.00	22.00	43.00	41.00	34.00	30.00	9.00	-6.00	0.00	-27.00	-4.00	-25.00
EPS in Rs	2.26	0.77	0.88	1.69	1.59	1.34	1.19	0.34	-0.25	-0.02	-1.07	-0.14	-0.99

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	2,092.00	2,004.00	1,540.00	2,557.00	2,494.00	1,623.00	693.00
Expenses	1,862.00	1,822.00	1,529.00	2,192.00	2,114.00	1,343.00	589.00
Operating Profit	230.00	182.00	10.00	365.00	380.00	281.00	104.00
OPM %	11.00	9.00	0.70	14.00	15.00	17.00	15.00
Other Income	92.00	42.00	42.00	95.00	102.00	30.00	138.00
Interest	73.00	53.00	43.00	64.00	9.00	11.00	18.00
Depreciation	87.00	86.00	83.00	68.00	60.00	51.00	22.00
Profit before tax	162.00	85.00	-74.00	327.00	412.00	249.00	201.00
Tax %	22.00	22.00	-24.00	24.00	25.00	26.00	22.00
Net Profit	125.00	66.00	-57.00	250.00	308.00	185.00	157.00
EPS in Rs	4.93	2.61	-2.22	9.85	12.11	37,002.00	31,328.00
Dividend Payout %	0.00	0.00	0.00	14.00	12.00	19.00	16.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	25.00	25.00	25.00	25.00	25.00	25.00	25.00
Reserves	1,733.00	1,607.00	1,539.00	1,631.00	1,415.00	1,142.00	957.00
Borrowings	532.00	576.00	602.00	696.00	499.00	268.00	264.00
Other Liabilities	693.00	672.00	623.00	649.00	794.00	532.00	406.00
Total Liabilities	2,984.00	2,879.00	2,790.00	3,001.00	2,733.00	1,967.00	1,652.00
Fixed Assets	912.00	964.00	945.00	999.00	735.00	633.00	481.00
CWIP	78.00	72.00	148.00	145.00	187.00	112.00	101.00
Investments	685.00	591.00	575.00	443.00	348.00	306.00	192.00
Other Assets	1,309.00	1,252.00	1,122.00	1,414.00	1,463.00	916.00	879.00
Total Assets	2,984.00	2,879.00	2,790.00	3,001.00	2,733.00	1,967.00	1,652.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	229.00	125.00	339.00	264.00	69.00	333.00	18.00
Cash from Investing Activity	-124.00	-41.00	-176.00	-356.00	-267.00	-306.00	16.00
Cash from Financing Activity	-111.00	-80.00	-177.00	111.00	187.00	-14.00	-26.00
Net Cash Flow	-6.00	5.00	-13.00	19.00	-11.00	13.00	8.00
Free Cash Flow	190.00	94.00	273.00	-10.00	-172.00	125.00	-52.00
CFO/OP %	112.00	71.00	3,326.00	95.00	43.00	144.00	45.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Debtor Days	114.00	96.00	103.00	77.00	79.00	91.00	244.00
Inventory Days	144.00	164.00	175.00	149.00	158.00	152.00	266.00
Days Payable	143.00	148.00	174.00	106.00	144.00	138.00	211.00
Cash Conversion Cycle	114.00	112.00	104.00	120.00	93.00	105.00	300.00
Working Capital Days	19.00	20.00	20.00	53.00	59.00	56.00	151.00
ROCE %	10.00	6.00	-1.00	18.00	24.00	19.00	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	48.95	48.95	48.98	48.98	48.98	49.41	49.33	49.33	49.32	49.32	49.32	49.32
FIIs	0.91	1.34	1.33	1.48	1.94	1.81	1.90	2.22	1.39	1.52	1.30	1.34
DIIs	0.00	0.00	0.00	0.00	0.37	0.48	0.27	0.42	0.20	0.20	0.26	0.61
Public	50.08	49.66	49.65	49.50	48.68	48.24	48.46	47.98	49.05	48.93	49.09	48.69
No. of Shareholders	135,999	134,841	135,031	131,853	128,082	126,617	127,392	128,875	146,010	152,703	140,829	140,672